BeastofWallStreet

Possible Path of BTC

Short
BITSTAMP:BTCUSD   Bitcoin
Still huge selling pressure on BTC
We can clearly see that Reactions from supports weaker than sells. Possible we will retest again to 20k zone and give us little reaction to upside and it can create perfect retest of broken triangle
and perfect spot to short

I am stongly think we will see 18-19 zone so soon.

Plus : 18.800 is huge number , Cel company holding almost 550 million dolar long position with Liq price 18.800$ , Imagine if 18.799$ hit and company get liquidation price can drop 13 like a eye blink.

Lets watch, Good luck y all

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.